Interest Rates facing heavy 25-year resistance, says Joe Friday

Have interest rates increased over the past couple of years? Yes they have!

Have interest rates broken above long-term falling channels? Nope

Joe Friday Just The Facts Ma’am– Interest rates (2, 5, 10 & 30-Year yields) are all testing long-term falling channel resistance at each (1), with momentum at levels seldom seen in the past quarter-century.